Omaha daily bee., 1887-08-22
Running Down Rumors.

up up his jewels we may be found among
Running Down Rumors.
There is no end to rumors that are in
daily circulation upon the streets in re-
gard to the motor line, the Hotel Man.
ava, the Pacific house property, etc.
Everybody seems anxious for any news
that will have tendency to increase the
continually growing faith in the future
of Council Bluffs. They are all anxious
for the very latest, whether it be fact
or rumor. One seemingly, flying rs fast
as the other, in most instances.
In regard to the Lake Manawa railway
line, facts are few, that are not generally
known to the public. 1t is much better
for the public to know the facts in such
residents. 1t does no city good to initiate
enterprises that are not in existence.
except the crossings" The facts are, as
is we'll known, MIR. Graves, the builder,
has had much to contend with. He has
finally made arrangements, in writing,
with each of the four trunk lines, and rs
soon as the crossings are made and ar
rive in this city they will be put in. But
will arrive. is question remaining open.
After these written agreements were
made and signed by both parties Mr..
Graves sent the surveyor, MIR. Brodbeck,
to take the angles of the
different crossings needed. Not content
with the angles of Broadway, they now
intend to have them taken by one of their
own employ, which necessitates another
delay. No one has probably suffered
more by these unforeseen delays than j.
X. Graves. and no one suffers such humil-
iation. Those of the citizens who sub
scribed to the S15, 900 bonus are becoming
justly impatient. They have turned over
to MIR. Graves about $4,000 of this sum,
and now propose to hold the balance un.
til the road is completed and running.
The present motors, 1t is claimed, and
probably justly so, must be replaced be-
fore the balance of the bonus is forthcom-
ing, as it is expressly stipulated upon the
subscription paper that the baldwin"
motors are to be used upon the road.
Whether Mr.. Graves has ordered
the the Baldwin" ;ItHa. or u not, hoo no lone one
placed in such unfortunate positions, he
probably thinks he had better complete
the line and get his present rolling stock
working before ordering more. At any
rate, until everything is in order, the
road bed IN good condition, and the
Baldwin" motors prOpelling passengers
| the entire length of the route no more of
the subscription seems forthcoming
L. is we'll known that several parties
wish to purchase the line of MIR. Graves.
One party offered Mr. Graves his stated
price after the completion Of the road.
Papers were partly drawn up, when Mr..
Graves backed down and put another
figure upon it, in its present uncompleted
condition: This they would not consider,
thinking Graves had started it and could
complete it better than new beginner.
Since then numerous propositions have
been made for the line and on Saturday
rumors were atloat that a certified check
for the whole amount asked had been
| forwarded to Dubuque, the home OF Mr..
Graves. This latter report is untrue.
But that Mr.. Graves would like to get
this white elephant off his hands after his
unsuccessful attempts IN building it does
not seem strange.
Had the motor line been completed
Hotel Manawa would, with the consent
of Frank Clark, have been running to-day.
TO many 1t seems strange that such hotel
as this, in an enterprising city like Council
Bluffs, should be allowed to remain idle
during the very months in which, under
proper management 1t could be made to
nearly pay for itself; with two such cities
as Omaha and Council Bluffs to patron
ize 1t. There is nothing strange about il
to those who know the conditions under
which it was erected. A number have
spoken of opening it but this season the
complications which have arisen could
not be handled as easily as they can next
The creditors of Frank Clark have been
trying to devise plan by which the
hotel could be run. but that seems i'm
was to offer stock at $50 per share. the
creditors to take the indebtedness out in
shares, but Clark stood by and said they
couldn't do anything without him, ever
if he didn't have fortune IN the hotel
He'd take 8, 900 as his share and thai
killed that idea.
The Pacific Hotel company rather
banker after the hotel, but the surround
ings are such that it cannot touch it. JAKE
Markell would be satisfied to take thu
hotel if ne could get q controlling inter
est IN the motor line, as we'll as have thu
company own Manhattan beach and ge
q monopoly. One of his partners
Maurice Goble, would like the hotel i
the Union Pacific could be induced t
ner leaves the entire business to then
and remains in California.
J After the liens, which have been plast
cred upon il, get in different condition
J where some move or other will have to b
: made, then Hotel Manawa will no doub
find ready hands to open her up, pro
vided the motor line has by that tim
been "pushed" to completion.
Referring to the rumors in regard I
the Pacific house property, the syndi
cate which purchased this property hav
had many offers for the sale of the same
but they want hotel. Very recently
they have had their price offered them
7 but they refuse to dispose Of the site un
less the purchasers will give bonds I
erect fine hotel. Most of the syndicat
I will sell at just what it cost them if tn
. purchasers will erect hotel, beside
giving $500 to 81 900 bonus.